France Bed Holdings Co.,Ltd. (TSE:7840) announces a share repurchase program. Under the program, the company will repurchase up to 1,750,000 shares, representing 4.86% of its share capital, for ¥2,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency and to improve supply and demand for stock due to the issuance of bonds with stock acquisition rights.

The program will expire on November 29, 2024. As of January 31, 2024, the company had 36,035,851 shares in issue (excluding treasury stock) and 2,361,649 shares in treasury.